The products provided are likely to be different to those of an individual, they are usually started and owned by the company, but will very often be for the benefit of the employees.
As an employee, there are definite advantages in making use of any corporate benefits offered. For example, with a group Pension arrangement, it is now the norm that the employer will make contributions in addition to the individual. This will help significantly to boost the Pension value initially and at retirement.
They may also consider offering a group protection policy where there is usually no medical underwriting required. For those who may have suffered with medical issues in the past or those who have an ongoing condition this can prove extremely valuable.
Our aim is to recommend and deliver these valuable benefits for the employer using the most cost effective products. In addition, we can provide guidance and advice to your valued employees, helping them to better understand and value the package put forward.
As a business owner, you have a legal responsibility to ensure that your work team/employees are automatically enrolled into a Pension scheme.
This involves setting up a qualifying workplace Pension scheme to help them to save towards retirement.
As a business owner, you may have personally accumulated a variety of different Pensions throughout your working life.
They can be difficult to understand and potentially, there may be good reason to consider consolidation to help to assist with your financial future.